Prosecutors in New York on Wednesday indicted two Swiss financial advisers, one a former private banker at financial giant UBS AG, on charges of conspiring to help wealthy Americans hide $267 million in secret bank accounts. In separate indictments, one ...

Swiss banking group UBS said Tuesday it expects credit gains and bond sales to help it record a modest profit in the third quarter, despite a $2.3 billion rogue trading loss. Only last month, Switzerland’s biggest bank warned that it ...

UBS was under pressure Friday to explain how its managers failed to catch a $2 billion loss due to rogue trading, with experts calling into question the Swiss bank’s ability to turn around its scandal-hit image. As police in London ...

British banking group HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its retail bank branches in the U.S., part of a new strategy to focus on fast-growing emerging markets. The bank, which reported ...